Founded by Ryerson University in partnership with the Ontario Chamber of Commerce, Magnet is a collaborative hub of postsecondary institutions, not-for-profits, government, labour, and industry partners working to address the unemployment and underemployment of Canadians.

Magnet was originally designed to bridge the gap between postsecondary recruitment and the ability of students to relay their applied skills to real labour market needs. The job-matching technology was tailored to effectively communicate students’ experiences, accomplishments, skills, and education to potential employers.

The Magnet network now serves all Canadians, consisting of more than 90,000 job seekers, 13,000 employers, 30 postsecondary institutions, and 250 community partners.